If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. A review of the record leaves us with no doubt that the jury had sufficient evidence before it (albeit conflicting evidence) to conclude that North American had engaged in unfair competition and caused damage to Conseco. Personally the FTC is probably a scam too. They were awful. My Manager sold my Mobile Home to a Mexican for like $500.00 When I was thrown out of my home I still owed like $33,000.00 on my Mobile Home. Punitive damages are also subject to limitations imposed by due process. And doing something about it, cause Lynn Im that ((((B)))). Afterwards, an audit was done and they removed some on-time payments to take some incentives away from me. Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV, Mortgage Lenders In Europe Now Owe Their Borrowers Interest, How to Get a Mortgage: From Start to Finish. Financial Services Company size 1,001-5,000 employees Headquarters Saint Paul, MN Type Public Company Founded 1975 Specialties Specialized Loan Servicer Locations Primary 345 St. Peter Street. Wow same crap happening to my dads mortgage. In some instances, the former Conseco office managers also took their staffs of loan originators with them to North American. Conseco's Employee Handbook specifically states that "non-public information about customers, dealers, and others is strictly confidential." In fact, Green Tree's parent company, Walter Investment Management Corp. (WAC), is merging Green Tree with another of Walter Investment's well-known subsidiaries, Ditech Mortgage Corp, to form a new company, ditech, a Walter . Conseco produced evidence that would allow a reasonable finder of fact to conclude that there was at least a threat of misappropriation of the trade secrets contained in these fourteen files. All I ever get is the run around. We have looked carefully at Greentree Financial Advisors and have found numerous inconsistencies and problems that send the message, "Stay away!" There is a world of difference between expert reviews created by our team with years' experience investigating investment frauds and reviews by so-called customers you may find on some sites. I did file with CFPB and the FTC and I got a check for $10.00 after I lost my house I am still setting in my driveway living in my RV. 1996). But according to a $63 million settlement announced by the FTC and CFPB, rather than service, Green Tree gave many homeowners the business.. 2d 585 (2003) (quoting Gore, 517 U.S. at 575, 116 S. Ct. 1589). GT was calling me day and night telling me I was short on my escrow account. A few years ago I received a letter stating that money I paid them was owed back to me and I never received it and I WANT MY MONEY BACK. of Elec. WOW so I have read alot of these stories and not surprised at all after what they did to us. All rights reserved. Working with you to see the big picture, tailoring advice driven by your priorities that can the n be addressed through a structured and consistent plan. If you dont mind please contact me at 409-277-0420 Im in serious need of advice. Sanchez, 37 F.3d at 723. Who do I need to contact to get additional info about this claim? However, these were not the "specific grounds" on which North American argued below. Because we have found adequate evidence of the existence of a trade secret, we need not address North American's argument. Allegheny County police said the shooting happened in the parking lot of the Unity. The transition concluded in the second half of 2015. I asked for a payoff amount and they refused to give it. [5][3] DiTech became a household name as a result of the commercials. Even the emails I have sent do not get me in contact with anyone that can I assist. Add my name to whatever I am tired of getting a run around. Conseco Inc., a major provider of life and health insurance, agreed to acquire Green Tree Financial Corp., a subprime-market lender best known for financing mobile-home purchases, in a stock. Co., 333 F. Supp. Both Greentree and Ditech are thugs. Accordingly, North American concludes that there was insufficient evidence, absent proof of net profit, for any submissible cause of action to survive and requests that we overturn the jury verdict as a matter of law and enter judgment in North American's favor. After having been divorced 4 years into the loan and raising children as a single mother, I have made payments late frequently. Its unclear how much compensation each borrower will receive, but victims who receive money from this enforcement action can also pursue their own individual claims against the company. Hey my name is Patricia I purchased a brand new mobile home from her in 1997 and they are telling me to this day Im still paying on the interest its been 24 years Greentree got bought out so Im still paying interest the trailer was only 40,000!! Green Tree Financial Corporation filed as a Statement & Designation By Foreign Corporation in the State of California and is no longer active. As part of the agreement, Green Tree agreed to pay $48 million in restitution to victims, and a $15 million civil money penalty to the CFPB's Civil Penalty Fund for its illegal actions. Business Profile for Green Tree Financial Corporation. Indeed, Conseco had closed thirty of its 150 branch offices within the previous year. My husband passed away in August 2018 and Im burdened down with this horrible situation. Shaking my head. Find 1099 listings related to Greentree Financial in San Antonio on YP.com. The company's unusually aggressive collection methods and other business practices are in question. After a few weeks they turned our account over to someone else and the same cycle. In arguing that the lead sheets are not "trade secrets," North American principally relies on Vigoro Indus., Inc. v. Cleveland Chem. Greentree is Ditech so be careful! My loan is FHA 7% 30 years, fixed rate, with PMI payments. Yearly bonus is a plus. Shellpoint whatever the heck its called now has been a complete nightmare. Id. The present scenario is clearly distinguishable. Im 83 years old, Ive been harassed by Green Tree from the time I purchased the Mobile home in 2001, Ive saw the go from Conseco Finance, Ditech to all kinds of Finance companies, You want ever know who you dealing with, So who actually owns these companies now? I wonder if Green Tree will go out of business because of this. I believe it was an incentive for the employees to get these fees as compensation. Another time they did their yearly audit and, instead of using 12 months for the yearly audit to adjust taxes and insurance they used 18 months for funds needed which greatly increased my monthly payment amount. Ive been trying to get a short sale with Greentree since May of 2014. CitiMortgage, Inc. or Citicorp Home Mortgage Services, Inc. are successors in interest to CitiFinancial Servicing and the below named companies through acquisitions, mergers or name changes and no longer has any security interest as lienholder. Recent filings for GREEN TREE FINANCIAL SERVICES CORPORATION 22 Nov 2010 I am pretty sure this will never get taken care of after reading all the comments. T213. While dealing with them. 1981); Hinkle v. Christensen, 733 F.2d 74, 76 (8th Cir. [7][17] The company will no longer provide nonprime mortgages. I have been a victim of Green Tree / Ditech and Shellpoint Mortgage abuse and excessive charge of fees. Directions. As such, the district court abuses its discretion in permitting a punitive damage award to stand when the award is so disproportionate to the factors relevant to the size of the award that it reveals "improper motives or a clear absence of the honest exercise of judgment." But next months statement shows only the principal stated as due being payed, with the excess going toward interest. If a borrower is in the process of foreclosure, it must be halted while the company reaches out to borrowers and evaluates other potential loss mitigation options. Ive had four different Judges to rule in my favor. No Company should be able to charge the high of interest fees, plus I was charged for phone transactions. If anyone remembers Jim Walter homes I am pretty sure if we dug far enough back all roads would lead back to them and their crooked business. Well GreenTree Financial went bankrupt and their accounts were taken over by Conseco Financial. We have been a victim of Green Tree / Ditech / Shellpoint abuse and excessive charge of fees. Can someone please help me!!! Green Tree Servicing, LLC | Consumer Financial Protection Bureau Enforcement Actions Green Tree Servicing, LLC CFPB and the Federal Trade Commission took action against Green Tree Servicing, LLC, for mistreating mortgage borrowers who were trying to save their homes from foreclosure. Green Tree caused me to have anxiety attacks and depression!! We got the $ to catch up which wasnt much like one payment and they refused to take the money. What is Ditech Financial phone number? Financed through Greentree in 1995 then went to ditech then shellpoint aka new rez llc even more shady. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering almost $3 billion in dividends to shareholders. Please put our name on a Class Action Suit. Statement shows a breakdown of current payment due in terms of principal and interest. In 2019 had a devastating hail storm that ruined my house 40,000 in damages and never could get ditech to repair the damage so I had my bankruptcy revised and took ditech off. Its showing on my credit report that Im late , 60 days. (800) 700 . However, the record is clear that the district court repeatedly rejected Conseco's requests that it be allowed to introduce evidence of North American's discovery abuses. We remand this case to the district court for entry of an amended judgment consistent with this opinion. Order Online. Prior to that, they would send papers saying I was approved for a loan mod, then theyd send papers saying I was denied and had X amount of days to get out of the house or I would come home to find my house locked up by the sheriff and I would never gain access, then they would try to short sale it. [3] In April 1995, Reddam began originating, selling, and servicing mortgage loans tied to the prime interest rate. The transition concluded in the second half of 2015. See Mo. The facts and issues in this case arise from actions taken by North American to acquire information about individuals that is contained in Conseco's confidential files. In response, Conseco contends that North American failed to comply with the requirements of Fed. Required fields are marked *. I received my first notice from Ditech that my mortgage was in arrears..after speaking with several CSD representatives.. If colloquy between counsel and the trial court fleshes out the motion, it may provide the opposing party with the requisite notice. The case involves employees leaving an agriculture supply business to join a competitor. Conseco asserts that Kevin Kattleman, Kevin Podner, and Scott Bristol all removed customer loan files-or copies of the files-from Conseco's offices. Consequently, we agree with the district court that the lead sheets and the information contained in Conseco's customer loan files constitute trade secrets within the meaning of the Missouri Uniform Trade Secrets Act.6. Can anyone please help me with whom I can contact?? The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system. Therefore, Conseco established a proper misappropriation claim with regards to these fourteen loan files. We review the district court's denial of a motion for judgment as a matter of law de novo, applying the same standard as the district court. I lost a home to greentree then ditech, these people hired a company to come in and change the locks on my propertystole many belongings, sent list photos to ditech, company says theres no proof of the company doing any wrong doingthen out of the blueI had a $7,000 water bill claiming water running from my house to neighbors with a dry basement.. It then entered an injunction against North American, Podner, and Kattleman from soliciting customers who had documents taken from their loan files. As such, it captured over 25 percent of that business by 1993. [21], On September 11, 2001, in the U.S., a Ditech commercial was airing on the CNN television channel when it was interrupted for an announcement that a plane had struck one of Twin Towers of the World Trade Center in New York City. I need someone to get in contact with me any time after 4 pm to see if you can help me get the title. Green Tree Acceptance, Inc. filed as a Foreign For-Profit Corporation in the State of Texas and is no longer active. I am trying to get the deed/title to my home. North American argued in its Rule 50(a) motion (styled "Motion for Directed Verdict") that Conseco "failed to offer sufficient proof that it sustained damages that were proximately caused by [North American's] use or misappropriation of trade secret documents." R. Civ. For the foregoing reasons, we affirm the opinion of the district court in part and reverse in part. Consequently, he was employed by both companies during this two week period. In response, Conseco sent a copy of Mambretti's letter to North American with a request that North American "cease and desist" from taking and using information contained in Conseco's loan files. Product Overview - Greentree is a modular system, allowing you to select just the functions you need for your business - with the flexibility to add further modules at a later date. The suit alleged that the company's stock was artificially inflated due to questionable accounting practices on the part of the company's former officials. [2] The brand had effectively disappeared from the marketplace for five years during the mortgage crisis, and the company decided to bring Ditech name back after determining that consumers held largely positive views of the brand. Walsh, 332 F.3d at 1158. Galdieri-Ambrosini v. Nat'l Realty & Dev. Contacting Green Tree Servicing - by phone or otherwise. In Vigoro, the court noted that if the contacts had been located throughout the country the information would have been considered to be a trade secret. Williams v. ConAgra Poultry Company, (slip opinion August 6, 2004). 1998). I contacted supervisor who assured me he would check into it. We will not set aside the jury verdict unless there is a complete absence of probative facts to support the verdict. My name is Margaret Heath my home was stolen Jan 2012 by Greentree. The auction for former Green Tree Financial in St. Paul, held Tuesday in Chicago, resulted in a Wednesday morning deal, according to news reports. Apparently homeowners with prior foreclosure relief plans had their mortgages transferred to the company where they were not maintained, and instead asked that borrowers make their original, higher monthly payments. Then they send me a statement that I still own them 20 thousand more. Greenpoint Mortgage was shut down today by parent Capital One Financial Corp., who said weak demand for residential home loans forced the company to shut the ailing mortgage lender. They claim they have left messages and I never received any messages. And, interestingly, much of the improper activity occurred after Conseco filed suit, further reflecting the reprehensibility of North American's actions. They never did give me the interest rate they charged my, so 4yrs basically paid towards interest and my taxes.all but a freaking 100bux Please do contact me to see if I qualify for this class action suit! What happened Greentree Mortgage? By selecting Greentree Mortgage Company, LP, you have chosen a lender who understands your needs, and is committed to improving your financial future. They started charging me late fees, supposedly sent some investigator to check if I still lived in the home and charged me for the service even though I never had any contact with the person, never saw them and had no information it had been done. I quit answering the phone calls but saved all their numbers for later proof of their harassment. Where do I go? In 2003 we refinanced this home through US Bank, however, whenever that was done apparently US Bank never got a CLEAR title on our mobile home. A712 WEST HOLLYWOOD CA 90069 United States Inactive Directors / Officers STEVEN D GREEN, chief executive officer STEVEN GREEN, agent Registry Page https://bizfileonline.sos.ca.gov/sear. Rule 50(a) requires that challenges to the sufficiency of the evidence must be raised initially at the close of the evidence. .WHY? The district court, however, denied Conseco's remaining request for injunctive relief relating to North American's solicitation of its employees. 1994)). After 2 years of accepting the calls. [2] Following the acquisition, Ditech used the name of Walter's Green Tree Servicing subsidiary to originate loans for regulatory and licensing reasons. Podner testified that the number was substantial. We were forced into renting our condo due to housing collapse that prevented us from selling it. Additionally, the company supposedly charged customers $12 for its pay-by-phone service and pressured borrowers into using it to ensure their payments were received on time. While 800-643-0202 is Green Tree Servicing's best toll-free number, there are 3 total ways to get in touch with them. Just plain NASTY! It did not, and by failing to do so, North American forfeited its argument to the extent that it was not forfeited by the failure to assert those grounds in their Rule 50(a) motion, We agree with the district court that the common-law claim of unfair competition has likely been replaced by the statutory offense described in the Missouri Trade Secrets Act. However, a post-trial motion for judgment "`may not advance additional grounds that were not raised in the pre-verdict motion.'" I have confirmation numbers from my bank and I have never had a problem paying this way, even to them. How do I find out if they did us wrong. Before MORRIS SHEPPARD ARNOLD, RICHARD S. ARNOLD, and SMITH, Circuit Judges. Greentree closed my 2nd loan in 2013 with no assignment tried to refi and loan could not be found by Greentree now I have a company 7 years later with copy of note and no endorsement contacted bankruptcy Court New York case for Greentree was told loan should gone to ditech otherwise went back to mlo Greentree only serviced could not sell any truth or help? Rapid Growth: Mid-1980s Through the Early 1990s Satisfied with its recipe for acquiring and improving insurance companies, Conseco stepped up its acquisition efforts in 1986. And will not tell me nothing, except, paid your payment, my lawyer told me I dont miss payments. It was like $ 46,000 to start off with by the time I got evicted, I still owed $ 33,000 on my Mobile Home after paying on it for like 20 years. The corporation originates, pools, sells, and services manufactured home loans using a vehicle known in the industry as conditional sales contracts. Who do I contact to file lawsuit and get justice and prove damages? Mortgage Brokers vs. Banks: Which Is Better? Claim this business. I have bank statements proving money was taken out and cashed to them and mortgage statements proving the money was never applied to my loan. We reverse and remand with directions to the trial court to enter judgment in the amount specified in the settlement agreement, plus postjudgment interest and costs. Ripoff Report on: Greentree Financial - Greentree financial broke the law calls in one day lugoff south carolina If anyone has a working Phone # or email address I can use to address my Title issue, please let me know . We paid by automatic draft, which we had to pay the service fee of twelve dollars to make payments. The court, relying on Greentree Financial Group, Inc. v. Execute Sports, Inc., 163 Cal. The record establishes that Scott Bristol told North American's senior management that he had not resigned from Conseco when he started working at North American. At that time, we only had 17 years left on our 30 year loan. Even worse, delinquent borrowers who called Green Tree were automatically routed to debt collectors rather than a loss mitigation specialist. Accordingly, we find no error in the submission, This figure is based on the net worth of North American Mortgage, a division of Dime Savings Bank of New York. I would like to have my house back. I faxed all information to them, that was available to me.. Needless to say it has been a fiasco.. Now the are threatening default on loan.. Its ridiculous to try and deal with this company.. Told different amounts even one rep stated it would be forgiven..I have no idea of what else to do..this is just another proof of the fleecing of America, I want to fill out a class action settlement form where do I get one for greentree. I have no escrow. Specifically, North American argues that its conduct was not outrageous and did not justify the award, that there was no corporate wrongdoing by North American, and that the punitive damages were an improper remedy for its discovery abuses.10. I got mad, I never refinance my mortgage. They told me to pay my payments or lose my mobile home. Show Transcript. On appeal, the district court's determination of punitive damages is reviewed under an abuse of discretion standard. The jury's $3.5 million compensatory award was issued by general verdict, after the jury returned verdicts for Conseco on two claims, unfair competition and tortious interference. They did without letting me know, if I dont pay, they take my home. My payments went back up to what they were before the nodification. The Supreme Court described the first Gore guidepost-the degree of reprehensibility of the defendant's conduct-as the most important indicium of the reasonableness of a punitive damages award. It further found that Conseco was likely to succeed on its claims of misappropriation of trade secrets against North American relating to the actions of Podner and Kattleman, but not Bristol. (651) 224-5017. They are saying it may have been lost in the mail but they refuse so far to make it right. Although it is undisputed that the lead sheets themselves are not generally accessible to the public, North American asserts that much of the information contained within these lead sheets can either be purchased from various credit agencies or found in mortgage records, all of which are accessible to the public. "This court has made it very clear that where the court submits a single damage question for multiple claims and where the evidence supports the actual damage award on any of the claims, the award will not be set aside." By answering a few simple questions about yourself, and selecting the amount of money you would like to borrow. Greentree Financial Group's phone number is (954) 424-2345 What is Greentree Financial Group's official website? North American senior manager, Ken Keeler, provided rebuttal expert testimony, stating that the average-net profit on a loan was $2,100.4 Carrie Hiatt, a North American witness, further testified that approximately ten percent of certain Conseco leads resulted in funded loans. In order to recover damages for unfair competition, Conseco was required to prove 1) the existence of a trade secret, 2) the communication of the trade secret to another, while that former employee was in a position of trust and confidence with Conseco, and 3) the use of the trade secret that damaged Conseco. God bless all of you also dealing with cancer etc. At both the close of Conseco's case and the close of all of the evidence, North American filed motions for directed verdict, which were argued before the court. Kattleman testified that he was uncertain as to exactly how the customer loan files came to be located in his office at North American. Corp. v. KCBS, Inc., 910 S.W.2d 329, 331-332 (Mo.App.1995). And acknowledge the receipt of short sale requests and/or missing documents within five days. Ruby M Eisenring 321-333-2271, We refinance our home with Greentree which eventually transferred to Ditech. Tempe, AZ 85283. However, when passing on a district court's determinations concerning the constitutionality of the punitive award, we use a de novo standard of review. The State of California received a notice from Ditech that I overpaid something and am due a refund, but Ditech no longer exists. Registered Address GREEN TREE FINANCIAL SERVICES CORP, 8424 SANTA MONICA BLVD. Sigh. As the name suggests, Green Tree Servicing was supposed to service homeowners' mortgages by collecting and crediting monthly payments. However, North American also introduced several new legal theories-related to damages-not distinctly articulated in its "Directed Verdict Motion." 1995) (quoting Cortez v. Life Ins. Such an objection7 is simply not sufficient to preserve, and certainly cannot be read to encompass, the legal theories underlying North American's Rule 50(b) motion and this appeal (submissibility of the claim). Who do I contact to get whats owed to me? I hired a lawyer in May this year. I refinanced with an actual bank since 2016 and I have no problems. Told her I would be contacting attorney. It always appears that I am behind in payments when I am really 2 months ahead. To the extreme. We tried to refinance with another company and they caused problems with that and we ended with not being able to do that. The balance of the second was about $55k. I feel I was ripped off became homeless because of Green Tree.